Iglo eyes recap, but bold action not for all

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Iglo eyes recap, but bold action not for all

Frozen food company Birds Eye Iglo has launched an amend and extend as it seeks permission to pay owner Permira a €319m dividend. In so doing, it becomes the latest company to take advantage of benign market conditions to attempt a transaction that many thought impossible only a few months ago given macroeconomic uncertainty in Europe.

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